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Oracle Financials Cloud: General Ledger 2023 Implementation Professional Sample Questions:

1. What are two uses of the Column Flattening and Row Flattening features? (Choose two.)

A) Set the status of a tree to active.
B) Create additional versions of a tree.
C) Optimize parent/child relationships.
D) Verify correctness of trees.
E) View information for runtime performance.

2. You have redesigned your chart of accounts and need to update your existing cross-validation rules. There is a requirement for new rules; some simply need to be updated and others need to be deleted.
What is the most efficient way to achieve this?

A) by creating Cross-Validation Rules desktop-integrated spreadsheet.
B) by using the Manage General Ledger Security page.
C) by using Cross-Validation Rules Import file-based data import (FBDI).
D) by using the Manage Cross-Validation Rules page.

3. Users with the General Accountant job role have reported that they are unable to access the UK Ledger. They require read/write access to the full ledger. The accounting configuration completed successfully.
What should you do to allow access to the ledger?

A) Create a data access set that allows access to the UK Ledger.
B) Assign the UK reference set to the user/role combination.
C) Assign the security context value of UK Ledger to the user/role combination.
D) Assign the General Accounting Manager role to those users.

4. A new Oracle Fusion Cloud client needs to produce an income statement on a regular basis using Smart View.
Which Smart View tool would be best for this?

A) Query Designer
B) Account Groups
C) Smart Slices
D) Smart Queries

5. The current implementation project covers Financials (with Fixed Assets and Expenses) with operations planned in three countries (USA, Italy, and India).
Which three labels are required when designing the chart of account structure for this project? (Choose three.)

A) Primary Balancing
B) Natural Account
C) Secondary Balancing
D) Cost center
E) Intercompany Segment

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